Journal of Information Organization Tao Wu 6 4 2016 http://www.dline.info/jio/fulltext/v6n4/jiov6n4_2.pdf Power load constantly increases when Chinese national economy develops in a rapid way, which leads to the enhancement of power grid construction. However, the construction is facing various problems, such as financial risks that must be paid attention to in engineering financial management. This paper defines financial risk in power grid engineering to integrate asset value management into risk control with the combination of financial management of power grid engineering and objectives of risk control. Finally risk control frame is established based on asset value management of project items.